Technology Workshop: Strategies to Help Take Your Business to the Next Level

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Technology Workshop Strategies to Help Take
Your Business to the Next Level at the Illinois
State Black Chamber of Commerces 2nd Annual
Statewide Convention William L. Kovacs Vice
President, Environment, Technology Regulatory
Affairs U.S. Chamber of Commerce Friday, August
24, 2007 Hyatt Regency, Chicago, IL 1045 a.m.
1200 p.m.
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Employer firms make up 25 of all businesses but
account for 97 of business activity in terms of
sales or receipts Non-employer firms make up
75 of all businesses but only account for 3 of
business activity in terms of sales or receipts
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Percentage of Revenue by Race for Employer and
Non-Employer Firms
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Employer Firm Revenue by Race ()
Non-Employer Firm Revenue by Race ()
White
Black
Hispanic
Asian
Native/Islander
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June 27, 2005- Supreme Court Issues Decision in
Brand X Case11
Sept. 23, 2005- FCC releases order on DSL12
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• Purchasing Patterns of Web Savvy Shoppers
• 79 of U.S. online consumers researched products
  online during the past 3 months
• 57 of U.S. online consumers purchased products
  online during the same period
• 51 of U.S. online consumers are cross-channel
  shoppers (research online purchase offline last 3
  months)
• Consumers who research products online before
  buying them offline will influence more than 500
  billion of offline sales in 2007
• Over half of online consumers research online but
  purchase in store
• Almost 400 billion of store sales or 16 of
  total retail sales are directly influenced by
  the Web as consumers research products online and
  purchase them offline
• Offline sales not influenced by the Web will
  decrease 24 by 2012

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• What Steps Should be Taken to Increase Broadband
  Deployment and Usage Among Minority Populations?
• Access (supply) If broadband is not available,
  how do we get it out there?
• Rate of Subscribership (demand) If broadband is
  available, how do we increase the percentage of
  customers who sign up for broadband service?

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Total of Relevant Federal Telecom and Broadband
Spending for FY 2006
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Major Federal Telecom and Broadband Programs
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Available funding for loans and loan guarantees
was 1.085 billion but all available funds were
not awarded.
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Other Federal Broadband Programs
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• Recommendations
• Advocate for Executive Order creating a White
  House Office of Broadband Policy to coordinate
  the activities of the 9 federal agencies that are
  managing 20 programs aimed at ensuring that
  Americans have access to telecommunications and
  broadband.
• Work with U.S. Chamber members, local chambers of
  commerce, policymakers, and all other interested
  groups to support existing efforts to make
  broadband available all across the United States
  and to increase the demand for the technology
  through state and local grassroots
  awareness/adoption campaigns.
• Support reforming federal broadband programs to
  ensure that funds are directed to unserved and
  underserved areas and populations.

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